U.S. Highlights The U.S. Senate passed a climate, healthcare, and tax bill known as the Inflation Reduction Act of 2022 earlier this week. The legislation is now off to the House of Representatives for a final vote later today where it is expected to pass. July CPI came in weaker than expected, with the headline […]
The post The Weekly Bottom Line: Inflation Was the Word of the Week appeared first on Action Forex.
Kevin Warsh’s journey to be the next chair of the Federal Reserve — shadowed by President Donald Trump’s fervent wish for lower interest rates — now faces new legal and political roadblocks. The result: Fed Read more…
President Trump and his administration argue every day that the U.S.-Israel campaign against Iran is succeeding, and succeeding every way possible. Except in the markets and at gas pumps across the United States where motorists Read more…
Ed Yardeni foresees gold having a long runway ahead. Despite the recent sluggishness, the veteran strategist believes the shiny yellow metal has the potential to reach $6,000 an ounce by the end of 2026 (a Read more…